Interactive Brokers launches cryptocurrency staking

Interactive Brokers Group on Tuesday the launch of cryptocurrency staking for eligible clients.Shares were 1.27% lower at $86.77 during morning trading.Eligible clients can stake Ethereum through the Staking Dashboard in IBKR's Client Portal.The staking services are provided by zerohash."Similar to how our Stock Yield Enhancement Program allows clients to earn additional income on shares they own, staking gives clients an opportunity to earn rewards on the cryptocurrency they own," said CEO Milan Galik.Content provided by Seeking Alpha is intended for information purposes only, and that Seeking Alpha does not offer any personalist investment advice and is not a licensed securities dealer, broker, US investment adviser or investment bank.